Online Banking Savings Account roundup: rate up to 4.30% APY

Posted on February 2, 2008 by BBD

There are several online banks offer very competitive savings account rates.

• W|T Direct Savings Account 4.30% APY
  After 60 days, 4.30% APY for Balance $10,000+ or 0.6% APY for balance less than $10,000
  No fees and no minimums, FDIC insured
• Washington Mutual (WaMu) Free Checking 4.25% APY
  Free Checks, Free ATM Cash Withdraws
  $1 to open an account, FDIC insured
• ING Direct Electric Orange Checking Account Up to 4.00% APY (tier)
  No fees and no minimums, FDIC insured
• ING Direct Orange Savings Account 3.40% APY
  No fees and no minimums, FDIC insured
• Capital One Direct Banking 3.50% APY
  No fees and no minimums, FDIC insured